Property
Beds
4
Full Baths
3
1/2 Baths
None
Year Built
1925
Sq.Footage
1,760
Unique Triplex w/detached garage in Belmont. Located on the corner of Avon and Montrose, this property abounds w/ residential and investment opportunity. Excellent candidate to live in one apartment while renting out 2 others, and the garage. Gross rent $48,900/yr from 3 apartments, not including the potential garage rental income. NOI 4Ok/yr! Options include: rent and hold, rent and live in one apartment, rent and build up to 8 units per R-C Zoning, subdivide into 2 lots. OR convert back to the original house and bringing to life the beautiful wood floors, front porch, charming stairwell. The yard is partially fenced with ample room for a variety of uses /structures. New roof 2020, New gutters 2018, Sewer line inspected and cleaned 2018, New Mini-splits 2018. Refreshed hallways (2020) Unit A: Fully renovated kitchen, bathroom, and appliances (2020); new fridge (2024); new dryer (2024); new outdoor mini split compressor (2024); Unit B: New sink, vanity, and water heater (2020); new range (2022); Unit C: New range (2021); new fridge (2023); bathroom renovation (new vinyl, vanity, sink, and hardware) (2023); corner lot has off-street parking for 2 or more cars, plus ample parking on Montrose. Nearly zero vacancy. Rents easily!
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
3
-
Above Grade Finished Area
1760.0
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.14
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Other
Price
-
Sales Price
$775,000
-
Tax Amount
4537.0
-
Sq. Footage
1, 760
-
Price/SqFt
$440
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
WALKER & BUFORD
-
High School
CHARLOTTESVILLE
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
CHARLOTTESVILLE CITY
Elementary School
Middle School
WALKER & BUFORD
High School
CHARLOTTESVILLE
Listing Courtesy of KELLY C. LINDAUER , NEST REALTY GROUP
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AGENT
Laurie Hailey
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